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SpaceX built to separate retail investors from their money
11–13 of 13 posts
Re: SpaceX built to separate retail investors from their money
#12So is Tesla. The fly in the ointment is the Tesla demonstrates how long you can keep the scam running. It's been three years since Tesla was a growth technology stock. Now it's an EV manufacturer that has under invested in follow on products. But the P/E ratio is still astronomical.
Re: SpaceX built to separate retail investors from their money
#13people like George Noble while smart and arguing for common sense unfortunately lose when hysteria and foolishness i.e memes take over. Tesla is a meme stock. SpaceX will sell dreams about datacenters in space. as long as gullible foolish people believe in the meme or the fantasy dreams - arguing your case about valuation will just leave your pockets empty & voice dry. the only unfortunate thing is now retirement acc…
Dutch people went all in on the dot com bubble. After that debacle Dutch citizens swore off the stock market for an entire generation despite economists literally begging folks to put their money back in (the Netherlands has a rather obscene amount of money tucked away in savings accounts).
I woulda thought they learned from their great great granddaddies warning them about the tulip bubble!